CAR-TON-IMMO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CAR-TON-IMMO
Largest movements
- Receivables within one year +€101,334
up €101,334 (+60.0%), from €168,804 to €270,138
of which Other amounts receivable: +€103,625
- Cash -€12,983
no longer reported in 2025 (was €12,983)
mainly Receivables within one year (-€101,334) and Investment in fixed assets (net) (-€5,378)
- Short-term financial debts +€71,331
up €71,331 (+57.1%), from €125,000 to €196,331
- Profit (loss) carried forward +€19,607
up €19,607 (+44.8%), from €43,814 to €63,421
- Gross operating margin -€30,410
down €30,410 (-43.7%), from €69,648 to €39,238
- Other operating charges -€721
down €721 (-9.4%), from €7,643 to €6,922
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €386,897 | €479,113 | +€92,216 | +23.8% |
| Fixed assets | 21/28 | €203,751 | €207,606 | +€3,855 | +1.9% |
| Tangible fixed assets | 22/27 | €203,751 | €207,606 | +€3,855 | +1.9% |
| Land and buildings | 22 | €200,000 | €200,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,000 | €1,800 | -€1,200 | -40.0% |
| Furniture and vehicles | 24 | €751 | €5,806 | +€5,055 | +673% |
| Current assets | 29/58 | €183,146 | €271,507 | +€88,361 | +48.2% |
| Amounts receivable within one year | 40/41 | €168,804 | €270,138 | +€101,334 | +60.0% |
| Trade receivables | 40 | €68,578 | €66,287 | -€2,291 | -3.3% |
| Other amounts receivable | 41 | €100,226 | €203,851 | +€103,625 | +103% |
| Cash at bank and in hand | 54/58 | €12,983 | - | -€12,983 | |
| Deferred charges and accrued income | 490/1 | €1,359 | €1,369 | +€10 | +0.7% |
| Total equity and liabilities | 10/49 | €386,897 | €479,113 | +€92,216 | +23.8% |
| Equity | 10/15 | €255,814 | €275,421 | +€19,607 | +7.7% |
| Contributions | 10/11 | €212,000 | €212,000 | = | 0.0% |
| Capital | 10 | €212,000 | €212,000 | = | 0.0% |
| Issued capital | 100 | €212,000 | €212,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,814 | €63,421 | +€19,607 | +44.8% |
| Amounts payable | 17/49 | €131,083 | €203,692 | +€72,609 | +55.4% |
| Amounts payable within one year | 42/48 | €131,083 | €203,692 | +€72,609 | +55.4% |
| Financial debts | 43 | €125,000 | €196,331 | +€71,331 | +57.1% |
| Credit institutions | 430/8 | €125,000 | €196,331 | +€71,331 | +57.1% |
| Trade debts | 44 | €5,346 | €6,611 | +€1,265 | +23.7% |
| Suppliers | 440/4 | €5,346 | €6,611 | +€1,265 | +23.7% |
| Taxes, remuneration and social security | 45 | €737 | €750 | +€13 | +1.8% |
| Taxes | 450/3 | €737 | €750 | +€13 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,398 | €1,523 | +€125 | +8.9% |
| Other operating charges | 640/8 | €7,643 | €6,922 | -€721 | -9.4% |
| Gross operating margin | 9900 | €69,648 | €39,238 | -€30,410 | -43.7% |
| Operating profit (loss) | 9901 | €60,607 | €30,793 | -€29,814 | -49.2% |
| Financial charges | 65/66B | €10,754 | €10,436 | -€318 | -3.0% |
| Recurring financial charges | 65 | €10,754 | €10,436 | -€318 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €49,853 | €20,357 | -€29,496 | -59.2% |
| Income taxes | 67/77 | €737 | €750 | +€13 | +1.8% |
| Profit (loss) for the period | 9904 | €49,116 | €19,607 | -€29,509 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,116 | €19,607 | -€29,509 | -60.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.